Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-04-01
ON CHANGE.
Spot Cotton Fractions and Futures from
Six to Ten Points LOWer-Meney
Market Easy.
Wheat Opened Firm, FluctuateG Narrowly
and Closed at an Advauce-Live
Stock transactions Brisk.
FORT WORTH THEORETICALLY Re
VIEW.
OFFICE OF TIE GAZETTE,

FORT Worth, TEX. March 90. 1857 (
Trade was exceedingly active today,
wholesale especially, moving q large
amount of merchandise.
Wool has down ard tendency, and
buyers still seem in the dark as 70 the
prices TO offer. 1t is expected that as
soon as eastern wool men receive sui
tici Mt quantity Of the spring clip to as
certain the quality CT the product, prices
will he esta bliSded.
Gomez sun mas an upward tendency.
THE STATE OF TRADE.
Special kilograms to Bradstreet's report
q fair increase in the volume Cf merchan-
disc distributed during the week, due in
part 20 the pressure 10 move grain, pro-
duce and other staples TO the full extent
CT the demand prior TO April 5, beyond
which existing railway freight rates do
not extend. There has been distinct
increase in the volume of general
trade at Pyrtland, Me, Phila-
delphia. Pittsburg, Cincinnati,
Louisville, st. Louis, Chicago end St
Paul, not only as against the earlier por-
tiOn of the month, but in comparison
with like period in 1883 as well. Con-
siderable interest viii attach to the move
during the next fortnight, in view of the
experimental nature OF the new freight
tariffs, SIS well SIS on account Of the COM
plants made as 10 ClassifiCgtiOns already
arranged. The increase of east bound
freight rates again last week CorrobOrated
our reports as to the rate of movement Of
produce east from Chicago. If the inter
state commission will arrange TO make
cEo
weekly the result must prove q distinct
gain. The railways have thus far refused
TO do this. Like navigation promises to
open with hiG%er rates On the suppOsltlOD
that high railway freights will result from
the Interstate law. This has advanced
the price of as we'll as the demand for
lake tonnage. Agricultural progress in
the valley of the Missouri and in Dakota
has been delayed by the food, but else
where in the northwest and the west the
weather has improved, country roads
have hardened, and business is more
active. Spring wheat seeding has no.
progressed in Wisconsin,, owing to ex
cessive dampness. In the south, excep-
in portions of Georgia where it has been
cold. the weather has favored the CROPS.
Total bank clearings at thirty-five cities
cially wired Bradstreet's, aggregate
week aud 1852, 729, 100 in the like week of
1886. This shows loss of 1882, 8l4, 900,
or 134 per cent. during the
last year. Domestic money markets gen.
orally are active, and rates tend upward,
largely dependent On the demand fol
iii HN
commodation from the interior, from
spectators, investors, merchants and
manufacturers at Chicago is heavy, and
funds are leaving Milwaukee for the Ium-
Der and mining districts. COliec-
tons are better than last week. The New
York stock market is dull and inactive,
though prices are, if anything, tending
higher. Fears Of stringency IN the
money market, together with the uncer-
tainty surrounding the Baltimore and
Ohio "deal" unite In producing this re-
sult. Bonds are dull. Money at New
York is firm, though rates, it IS thought,
will soon be lower. Foreign exchange
has tended to higher quotations as the
result of increased Inquiry and scarcity
of supply.
Wheat has been Irregular and frac-
west and decreased export demand The
outlook for the California wheat crop
this year is not for "bOnaGZa crOp;n
exports are st low eb5 there; sowing is
behind hand, ard the rainfall is against q
full crop. The reports of the years hog
packing at the west, showing an excess
OF ABOUT 10000 hogs over last year,
and an aggregate decrease in stocks
e oh
to 81, 900, 900 pounds of products, have
added strength TO provisions. The Chi
CagO Cliques supposed to be controlling
meas pork and wheat are still believed
to be buyers on every break in that mar
keT.
Iron continues dull so faras new orders
are concerned, but deliveries on old
orders are heavy and consumption con-
BradstTeet's show that the total imports
of iron and steel for two months
of 1887 aggregate 4G5, 900 tons,
against 269, 900 tons in two months of
1886, a gain OF 70 per cent; in value &c.
787, 900 in 1887, against 1861 900 in
1886, a gain of II per cent. Leading
members of the trade here look for de-
cline in this excessive importation prior
vival in prices. Raw cotton is &c higher
than last year, and &c bi:her than last
week, on heavy consumption and
signs of exhaustion of the crop.
New York and New Orleans only have
considerable stocks of desirable cotton.
The movement of cotton goods is
active, particularly ct Chicago aud Bos-
ton. Prices are tending upward for
brown aud bleached cOttOnS Woolens
continue slow. Raw wool is steady, with
the downward movement Checked
Prices are 2G3C. lower than on January
l. Supplies Sre simple until the rev clip.
Sugar is firmer and higher on lighter sup
plies in primary markets and reduced
crop estimates IN Cuba and Europe.
Cof1e is more active, and options are Sc. /
higher, RIO more excited on renewed ID
Bradstreel's.
BU CTER-20o per % : ere amer SOC.
xCO iTON-Strict low mlddHEg, tinged, 75Sc; I
good midd,inr SIC